2012-11-21
2012-11-29
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. will it last? we have top officials from both sides "outfront" tonight. and speaker of the house john boehner put obama care on the table. he says if we're serious about getting our financial house in order, obama care has to go. is he crazy? or crazy like a fox? let's go "outfront." good evening, everyone. i'm erin burnett. and "outfront" tonight, cease-fire. 142 people were killed in gaz why and five in israel, egypt helped negotiate a temporary truce which took effect at 9:00 at night in tel aviv. it was met with gunfire in the streets of gaza city. it is fragile. israeli defense forces say there are five rockets launched from gaza since the cease-fire went into effect. and prime minister benjamin netanyahu's statement was cautious. he said he was willing to give the egyptian cease-fire a chance before there is a need to use greater force. not exactly a ringing endorsement. here's the key thing, while the united states got involved with a visit from hillary clinton this deal was not brokered by the usa. >> this is a critical moment for the region. egypt's new government is assuming the res

. and you look everybody is saying it, john boehner, mitch mcconnell peter king lindsay graham, on and on and on. all of these republicans coming out and saying we agree, you can't do it by spending cuts alone. you have got to raise revenues and we're on board, and we're willing to break the grover norquist pledge. these guys have totally recognized the american people agree with obama, and so therefore they are going to change their ways. here is my advise to all of you, all right. don't believe it. this is a con game. this is a shell game that the republicans are playing. let's listen to some of the voices. here for example is saxby channedless. it's valid now but times have changed significantly. and i care more about this country than i do about a 20-year old pledge. >> bill: oh, yeah. he is setting himself up there as oh, man, i love my country, more than i love grover norquist. peter king yesterday. >> i agree entirely, a pledge you signed 18 years ago is for that congress. if i were in congress in 1841 i would have signed the declaration of war agai

've been defeated on this. what has to change is their attitude on this. >> oh, is john boehner going to be pissed when he finds out mitt romney lost the election. if they let him out of that time machine, he might be something. the thing i find humorous about this, as well as about the whole issue of taxes and whether or not we should repeal the bush tax cuts, is that republicans do seem to have decided that the election that just happened didn't really happen. and that they are going to propose pretty much all of mitt romney's ideas as their negotiating starting point. well, we just -- >> we needed paul ryan actually to help get the job done. >> even having paul ryan talk about it. it's amazing. they decided while mitt romney lost the election, his ideas, they think won. i don't know how they get there. >> i feel like what they're trying to do is say, we lost, never mind but we're going to keep doing what we do. if we keep saying it enough, maybe -- >> i read that -- john boehner's op-ed pretty carefully. here's one thing he said. he said there are three ways to take down obama care

to go back to the negotiations he had with john boehner in the summer, and they've done a lot of work. those guys got pretty close in the summer of 2011. now the president has more leverage. the tea party part of the house republican caucus is in a less powerful position and less fired up. we're pretty far away from the 2010 elections now. john boehner is trying to exercise some kind of power and tell those people that he needs them to stay in line. i think, you know, the tax thing, i keep trying to -- to me it seems obvious what's going to happen. that the bush tax cuts are all going to expire on january 1st. and then they're going to reinstitute the ones for people making under $250,000 a year. republicans will not vote to do a partial thing, right? because they regard that as raising taxes. they won't vote for it. we'll go past january 1st. then when democrats offer to reinstate the tax cuts for those making $250,000 a year, republicans will vote for that. that's another tax cut. it seems to me this solves the republican problem, which is that we won't vote to raise rates. that's h

through a dance. we had john boehner, for instance, speaker of the house, writing an op-ed saying that health care is on the table which is probably absurd and blatant effort to widen the perimeters, but he is negotiating with two different sides, negotiating with the democrats in the white house but also negotiating with the hard line faction in his own party. he can't look too weak into these negotiations or he won't get the final result passed. >> let's talk about another political story. the resignation of jesse jackson due to health issues and that federal investigation that's been going on for some time now. his father jesse jr. had this to say about his son outside his chicago home yesterday. take a listen. >> he's with his family. and having dinner. and having prayer. of the things a lot of folks are saying here is that if congressman jackson knew as most likely he did that he was going to end up resigning, why not do it a month, six weeks, two months ago and give someone else a >> yeah, he won a resounding victory in his illinois district on election day. he hasn't been r

the table from the democrats' perspective? >> absolutely. the thing is is that john boehner and the republicans, the last time we went around these negotiations, remember it was june of 2011, on the debt ceiling negotiations, the president and the speaker played golf, and there were all those grand bargain talks behind closed doors. republicans tried to put it on the table back then, and democrats said, absolutely no way. and i think they're going to get a similar response this time. remember, it was just a few weeks ago when john boehner after the election essentially said, there's nothing we can do about obama care. it's going into effect next year. people are going to have to start enrolling, those exchanges are going to have to get up and running. he saw a revolt among his house republicans and republicans across the united states, just for saying it. now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our natio

piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i think it will be a democratic buildup than a republican buildup. but there's no doubt that if eric cantor is willing to at least vote on a deal that has new revenue, that that is a huge paradigm shift. and i think that gives us all hope, although there's still a long way to go, that there can be a deal that has the president has said for a long time, a balanced approach. >> but ruth, what are the democrats willing to give, because there are some democrats, some of the more liberal democrats who are saying let's go over the cliff. that gives us more leverage. >> there's extremes in both parties that say let's go over the cliff. grover norquist was saying it the other day. i just want to -- before we get to the democrats, i want to be debbie downer for a minute on the republican side. i totally agree with mark. we're hearing

taxes and fix the economy. >> john boehner says we can cap deductions, probably produce $400 billion coming up pretty fast. no change in tax rates. so it is not a flat tax reform but no increase in marginal tax rates. can you and your pledge, with the pledge be okay with the bay nor plan to increase revenues by capping deductions? he has not endorsed raising taxes nor did he a year ago. if you eliminate deductions now, you have destroyed the opportunity for tarx reform a year ago. they are not available to reduce tax rates. >> so you are opposed to it. it is bad for the economy and it destroyed our effort to get tax reform down the road. >> i have talked to staff and remembers and they don't need to hear it from me, they know that lower marginal tax rates are necessary for growth and the only way to get the revenue to pay down obama's debt. >> help me out, in effect, is the plan to put a cap on deductions, does his plan break the americans for tax reform no-tax pledge? >> to be clear. john boehner has not said that. he says he is for revenues from growth. i'm for that. that is a tax

appointed, new right young thing of the party and listening to john boehner's comments when asked if he's the leader of the party, there's disagreement in the party and bears remembering every time we have done this in the past election cycles, thought object who the likely candidates were, almost none of them ended up being the likely candidate. mitt romney is an exception and perceived to be a credible front-runner of 2012 and tim pawlenty. >> experience of '08? >> yeah. my point is -- >> traction. >> we project forward based on who's the luminaries now. it often is someone we're not looking at under current dynamics and doing 18 or 19 i guess the likelihood of one of the 20 the people -- >> primaries again. now let's talk about the fiscal cliff and house and senate leaders expected to meet with the president next week and hopefully negotiations will continue. staffers reportedly have made little progress over the last week. politico is writing this saying that the gop's opening offer, the sources said would freeze the bush era tax rates, change the inflation can clated for entitlemen

a balanced plan that addresses spending as well. but i think john boehner's proposal plus the proposal i put forth last fall, for the sir tax, but with the carve-out for small business, offers a way forward. and would help prevent us from speeding over that fiscal cliff, which would be a disaster for our economy. >> all right, well, that's it. i think you're rate about that. maine senator, susan collins, can't thank you enough. have a very happy thanksgiving. >> thank you, larry. >> all right. stock markets of course are still obsessed with the fiscal cliff. market did go up today by 48 points on the dow. you know, it is as though nothing else exists. so we're about to talk to a market pro who's going to help you with therapy on this market obsession. speaking of therapy, don't forget, folks, free market capitalism is the best bet to prosperity. this whole fiscal cliff issue is tied up with economic freedom and prosperity. i'm larry kudlow, we'll be right back. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive lea

obama was re-elected as president, i have to say, you are probably not thankful that john boehner was re-elected as speaker of the house. and vice versa, if you're psyched about john boehner, you're probably not psyched about president obama. but there is one thing about the re-election of both of these men that i think is maybe worth being thankful for. i am thankful that john boehner forever and president obama may be only recently, these two men have been willing to show emotion in public. to be big, tough, american leaders of the highest order, right? both of them in positions where they really answer to no one but the voters. and they are willing to be seen shedding a tear, without shame. i am thankful for that in our national american leadership. i am thankful that the brilliant bbc series, "house of cards," about the most evil politician ever, a mini series that i've watched a million times and i've been addicted to for years, i am happy, i am thankful, i am thankful that "house of cards" is being remade by kevin spacey and it comes out in february. i'm thankful for nbc white hous

negotiations are off to a bumpy start. house speaker john boehner wrote an op-ed yesterday calling for the president's health care law to be part of the fiscal talks. the white house told the "huffington post" the president opposes that. joining me now from washington, nbc white house correspondent kristen welker and neil irwin. welcome to both of you. happy holiday. >> happy holidays, alex. >> kristen, politico said the negotiations are off to a rough start. what do you see as the likelihood of a deal before the end of the year? >> alex, i think they are off to a relatively rough start. president obama expected to invite congressional leaders back to the white house next week after the holiday, but it seems at this point aides are trying to hammer out the beginnings of the deal. republicans seem to be digging in their heels on the issue of taxes, saying they don't want to see the bush era tax cuts expire for the wealthiest americans. of course, that is something the democrats have been adamant about. so they're stuck on this old issue of taxes. and also stuck on the issue of entit

to prejudge it. and we should not be taking iron clad positions. i have faith in john boehner. >> congressman, we have seen this movie before. the bottom line question and, what can speaker boehner sell? if he goes to them and says, look, we cut a deal here, but tax rates have to go up. actual tax rates have to go up on the wealthy, like senator levin just said. can he sell it? >> i think john is going to do all he can to avoid an increase in tax rates. but as senator levin said, you can get the same results by changing deductions, changing exemptions, and that would put more of a tax burden on the rich but it would not affect marginal tax rates. i don't want to prejudge any of it. bottom line, we cannot have sequestration. we cannot go off the fiscal cliff. the election is over. we have a speaker. the democrats have a president. the democrats have harry reid. we have mitch mcconnell. get them in the room. and that's what representative governments should be about. no one gets all they want. if reagan and o'neal can do it, r boehner and obama should be able to do this. >> the last attempt at

rights leader gave up his seat in congress after 17 years. in a resignation letter to house speaker john boehner writing in part, "my health issues and treatment regimen have become incompatible with service in the house of representatives." jackson has been hospitalized on and off since june for treatment of bipolar disorder, seen here while a patient at the mayo clinic. cook county officials are weighing options for a special election to replace jackson. >> i think he feels that district needs somebody in a healthier position than he is to represent them. >> reporter: his letter makes some striking admissions about his own, "mistakes." jackson has been in talks with the justice department, as federal prosecutors examine whether he misused campaign money to buy personal items, including an expensive watch. jackson writes, "i am doing my best to address the situation responsibly, cooperate with the investigators and accept responsibility for my mistakes, for they are my mistakes and mine alone." jackson adds, "i pray that i will be remembered for what i did right." >> that was nbc's kell

john boehner after a meeting at which the white house. does that mean that republicans are considering raising taxes on wealthy americans? >> yes, but there's a divorce between raising revenues and raising rates. and i'm afraid that half of washington, the liberal half, has an inability to understand. you can keep rates the same, or even lower them, as was recommended by the president's own debt commission, which he rejected, if you broaden the base by eliminating deductions and credits and all kinds of exemptions. that is how they did it in 1986. in the reagan-o'neill agreement. they lower the rates and raise revenue by broadening the base. every quarter century we have to clean out the tax code, all the articles that are added by lobbyists, and get them out of there. >> there was a story in the "new york times" this week that there might actually be a millionaire surtax. is that what democrats are looking at? >> -- a millionaire's tax. is that what democrats are looking at? >> there are fantasies in both camps. on the one side, it is raising their rates on everybody who makes $250,00

of ideas around. one thing that is giving folks hope, the fact that house speaker john boehner and eric cantor seem to be working more in lock step now than they were during the summer of 2011. if that holds, it really could help the house of representatives to get on 3w0rd of some type of idea. >> we've heard from chairman bernanke and others. how much of a factor will the fed and the ceos of all these major companies be as we get closer to this major deadline? >> one of the questions is how do people react where all these tax increase, all these spending cuts take effect. if there's no deal in the middle of december, say, do we start to see some real impacts? do companies start slowing their capital spending plans, do they start holding up on hiring. there's a risk that there could be economic damage even if there is a deal by january 1. maybe we haven't reached full agreement yet but we're close. we're almost there. i think having a sense that there's momentum and things are going the right direction is important for business confidence and getting through this without any economic d

are starting to turn away a little bit from speaker john boehner. tom coal rank and file member. is he part of the leadership but from oklahoma and basically said today extend them for the large majority for the middle class and come back and fight it out in january instead of going off the cliff. take a listen. >> everybody's taxes are scheduled to go up. and unless we fix that, paradoxically president obama becomes the defender of the bush tax cut for 98% of the people and he is he no such thing. >> bottom line is both sides are still laying out the same ideas they have been doing for weeks now. today irskin bowls one of the key budget experts says he believes there is a two thirds chance that he wool go off the fiscal cliff. that's not too optimistic tonight, shep. >> shepard: not at all. ed henry live on the north lawn. the president is sending one of his top negotiators to capitol hill tomorrow to meet with congressional leaders from both parties. mike emanuel is live for that part. is he live on the hill tonight. what's the latest on the talks. >> there is always hope for tomorrow tha

correspondent mike emanuel is following that story. >> speaker john boehner a central figure in cutting a deal says republicans offered a plan to avoid the fiscal cliff through the significant spending cuts and tax reform and are committed to working with the president. >> this is one reason why we believe we put revenue on the table. as long as it's accompanied by serious spending cuts. to avert this crisis. >> texas senator john cornyn says the bipartisan simpson-bowles deficit plan offered meaningful savings worth pursuing. >> they identified $1.1 trillion tax expenditures, benefits, deduction, credit and the like that could be cut as part of grand bargain. we ought to look at that. we need to flatten the code, simplify it and make it pro-growth. >> on the democratic side, senate majority leader harry reid told reporters he would like credit for what congress previously cut. >> we have already done a billion dollars worth of cuts. >> today, the top democrat in the house took a similar approach. >> i think it's important to note we have already agreed to $1.5 trillion in cuts in the budget c

or, b, limit deductions. but you know what the speaker of the house said the other day, john boehner, he said he's willing to do the latter. now you just saw what chambliss said. so is the era of grover and his you ubiquitous pledge over? >> no. i think grover deserves a great deal of credit for keeping that pledge to the american people and holding republicans' feet to the fire. gregg: is it over now? >> no. we have a different set of circumstances. perhaps what the democrats should have had is their own grover norquist on spending, and we wouldn't be in the mess we find ourselves in. but here's the reality, gregg.me for the status quo. nothing's changed since two months ago. we have basically the same makeup in government. obama controls the white house, we control the house, democrats controls the senate. but guess what? the american people don't expect a status quo in governance. gregg: there's a recent rasmussen poll and, juan, i want you to take a look as well, 57% agree that raising taxes on those making more than $250,000 a year is a good idea. can you put that up on the scre

relief with just two pills. >>> 12 minutes past the hour. house speaker john boehner says nothing is off the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his l

they are republicans. then theyou have republicans. i don't see how we can survive this fiscal cliff if john boehner does not follow the lead of the president. he said a couple days ago we have to put obamacare in a position to and take some cuts from it. that's crazy. john boehner and mitch mcconnell and all of them have given the president a hard time. that's why we voted for these people and they are supposed to do our bidding, because people are hurting. host: let's take it to the state level in a carolina, state legislature, republican governor, republican. what are the big ticket items they will start working on? caller: i don't think the governor knows himself. he claimed that he will bring relief to the state. i don't see how he's going to do it. they are going to cut a lot of social programs that they call wasteful spending. people are going to really see what he's made of. what is your name again? host: what is that? caller: pope was the one along with the koch brothers that got it mccory into office. they are bought and paid for. they don't do the people -- everybody needs to be represent

john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our economy hostage. and the great thing that we have seen in the last few days is that some republicans are finally saying, guess what? i'm actually going to put the country first instead of some pledge i took 20 years ago, for example,

. that is just moments ago. we'll play for you what john boehner had to say about that. we'll talk to a key democrat about why the party doesn't want to deal on that front, all that. bill: you've got to wonder if it's not a part of the deal how does it pass the house. also republicans now countering the controversial d.r.e.a.m. act for young illegal immigrants. they have a plan of their own and one of the bill's cosponsors is live here to explain that moments away. martha: yes, she is. [ malannouncer ] it'that time of year again. time for cii price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. bill: breaking news from the hill moments ago. republican leaders on the house putting their cards on the table when it com

want to see congress work together on this. president obama says he wants to. john boehner says he wants to. there you have the titans of industry in new york with their rich, mahogany furniture all saying we need to solve this crisis. yet here we are a few weeks away and we're still both sides sticking to their negotiations. there hasn't been a lot on what specifically would you do. this is going to be tight. >> it's going to be tight and everybody should brace themselves before the fiscal cliff comes the fiscal roller coaster and it's going to look dark before either it's totally black as senator mccain likes to say or before it gets done. my bet actually is on getting things done, but i have to say what's depressing about listening to chairman bernanke is how many times we've heard those words before about the last fiscal crisis, whether it's debt ceiling or something else, it really is time for congress to show it can get something done. >> this seems to poll very well, this bipartisanship. you know it. how come there's such difficulty both sides really not willing to nudge off

that the problem is that you have john boehner, president and mitch mcconnell negotiating with the exact same congress that they had when they couldn't make a deal the last time. so i think until the personnel change, i'm not sure you can get a deal. >> and juan kessler, the fact checker for "the washington post," has reported that, you know, you have to come from, like, some point point. you have to have a negotiating point to start with. he said democrats and republicans haven't even agreed on a baseline yet. they're about $3 trillion apart because of ending the wars, medicare, other cuts. so how do you come to some agreement in what is a numbers game really if you don't even have a number to start with? >> i think one of the things we'll see happen here is the idea of a grand bargain, of one deal that gets all this stuff averted between now and -- it's not going to happen. it doesn't seem that there's anything that would suggest that they'll be able to get to that point of putting this all together into one deal. so what will happen is they'll figure out some solution that gets us past the

are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turkey cobbler and alternate gobbler and they went to a local food bank to deliver food there. president obama today delivering his weekly address wishing all americans a happ

and house speaker john boehner. it's a lot different animal than the senate gop conference. so that's the sort of bad news. while we hear a lot of this going forward and it seems to be pos tish, when you get down to the nitty-gritty and aides and those chose to president obama, there's not been a lot of movement on the taxive of what to do. republicans don't want to touch that. democrats want that. they feel they have a mandate from the election. that is the issue we said is going to be the linchpin for the last three months. it continues to be there. there is no movement on that. and until there's movement on how to come up with that type of revenue, 250 and above, we're going to keep having the same conversation about ongoing negotiations, talking points from both sides. >> luke russert getting down to the nitty-gritty. stephanie, let's get down to the markets. they put our chances of going over the cliff at about 5%. so why is the market freaking out? >> you know the market always wants to be a bull but it doesn't matter what side of the aisle to sit on you. have to agree we're n

john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to increase tax rates arguing that will hurt job growth.

deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more th

speaker john boehner. he wrote, "over the past several months as my health has deteriorated, my ability to serve the constituents of my district has continued to diminish." the drama around jackson began this summer when the congressman disappeared for weeks. the public, even members of his staff, didn't know where he was. finally, in late july, the mayo clinic revealed jackson was being treated there for what was later diagnosed as bipolar disorder and depression. his famous father uncharacteristically quiet about the matter. >> the fact is, the congressman is under medical supervision and is right now regaining strength. >> reporter: jackson was released in september, then readmitted last month. his return to the clinic came amid reports that the congressman faced a federal investigation into the potential misuse of campaign funds, including allegations that jackson used thousands of dollars to redecorate his washington, d.c. townhome and that he used $40,000 to buy a rolex watch for a female friend. even so, jackson was easily re-elected to the house just a few weeks ago. even though

. >> reporter: in his letter of resignation to speaker of the house john boehner, jackson wrote, "my health issues and treatment regimen have become incompatible with service in the house of representatives." the son of civil rights leader jesse jackson, jackson, jr., mysteriously disappeared from public view last june. it was later revealed he was undergoing treatment for bipolar disorder. jackson was reelected earlier this month, though he did not actively campaign, recording only a single message for his constituents. but his health may not be the only factor in jackson's decision to resign. for more than a year, the washington field office of the f.b.i. has been investigating the possible misuse of campaign funds, according to federal sources, who say discussions about a possible plea deal began in just the past few weeks. today, for the first time, jackson acknowledged that investigation. a plea deal does not appear to be imminent, jeff. late today, jackson's lawyers put out a written statement in which they said, "we hope to negotiate a fair resolution of the matter, but the process c

campaign funds to buy jewelry for a mysteries and remodel his house. in a letter to speaker john boehner he said i am aware of the on going federal investigation into my activities. i am doing my best to cooperate with the investigators and accept responsibility for my mistakes. they are mine and mine alone. none of us isee tune from our share of short come eupblgs or human frai hume trail tees. gregg: explain what happens to his seat. >> reporter: we expect to have a date for a special election in four days. pat quinn will make sure th the election is fair and as economical as possible for the taxpayers who have to foot the bill. that being to you. gregg: thanks very much. ainsley: back to the breaking developments an on benghazi. ambassador susan rice breaking her ten-week silence and defending her actions. when she said the attacks came from and anti-muslim film. >> i relied solely and scare leon the information provided to me by the intelligence community. i made clear that the information was preliminary, and that our investigations would give us th the definitive answers. ainsley: joi

. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a

for boost®. >>> house speaker john boehner says the country can't afford obama care. joining me for today's strategy session our cnn contributor and democratic strategist donna brazile and senior kriblt tor and editor and chief of redstate.com, erick erickson. thanks for coming in especially on the day after thanksgiving. erick, i want to begin with you. house speaker john boehner wrote this "we can't afford to leave the president's health care law in tact. that's why i've been clear the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge." where after this election does the house speaker if you will get the political capital to take this tact? >> well, at first, i have to point out, it's not just the day after thanksgiving, this is during the lsu game that donna and i are here. >> go tigers. >> arkansas. yes, the big game. now as to john boehner, the issue here is many of the states are opting out of state exchanges. there was a quirk when they passed the law nancy pelosi said you have to pass the law to find out what was in it, what was

speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of spl

and top republicans including house speaker john boehner are accelerating. but the white house must contend with members of his own party who are pushing back against proposals that significantly reshape entitlement programs like medicare and social security. white house press secretary jay carney said yesterday the president is open to compromise and should republicans make a realistic proposal on taxes, they will meet them halfway. >> math tells us that you can't get the kind of balanced approach that you need without having rates be part of the equation. we haven't seen a proposal that achieves that, a realistic proposal, that achieves that. the reality is, closing loopholes and ending deductions as an alternative to raising rates on the top earners, top 2%, those making over $250,000, sounds good, but you have to look at the actual contents of those proposals. >>> and a new poll shows the majority of americans do want compromise in order to avoid the fiscal cliff. 67% say a deal should be a combination of spending cuts and tax increases. and if no deal is reached by the end of t

the debt limit unless forced to by john boehner. >> and by the way, john boehner is talking about having to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cann

said that both spending cuts and new revenue need to be on the table. house speaker john boehner said that obamacare should be fair game, also. we have a former rnc spokesperson and dnc spokesman. great to see you both. there is a lot of finger-pointing and blame. but the fact is, enough people voted on what has gotten us to this point. who steps up at this point? and has a chance to show leadership and get something done? >> i think the president is in the right position to do that. i am a little bit worried about speaker boehner's position, that's what the op-ed, saying obamacare should be on the table. one, the congressional budget office took a look, if you repealed obamacare entirely, it would cost $109 billion. so i don't think the speaker's put it on the table because it helps, i think he put it on there for positioning. but there is a problem there. the american people have had this debate. mitt romney maid the case that obamacare should be repealed and said it would be the first act. he made that case forcefully, in debates, ads, throughout the campaign. 40% of america greed

in elections in years to come. i think that they realize from john boehner the speaker of the house to mitch mcconnell somewhat in the senate. on down, that the kinds of extreme policies that we saw in the republican primary, mitt romney, rick santorum, michele bachmann et cetera those policies are not going to win over hispanics. they're not going to win over asian americans. >> jennifer: you are not going to see i predict a super pac that is a pro-choice republican super pac though, right? that's an issue they won't touch. >> i believe that abortion is an issue that they will not touch. they -- they saw what happens when you anger women voters in this country independents, republicans and democrats but abortion i think -- the republican party is not there yet. i don't know if they will ever get there. >> jennifer: well instead of republican moderates, shouldn't we just issue democratic cards to the membership, cards to the democratic party? i don't see how they're going to do it. you have mayor bloomberg's super

submitted today to house speaker john boehner's office. but he also wrote, quoting here: i am aware of the ongoing federal investigation into my activities and i am doing my best to address the situation sonsably, cooperate with the investigators and accept responsibility for my mistakes for they are my mistakes and mine alone. mike tobin is live for us in chicago with more. mike, did this come as a shock to anyone? >> no. for the reasons you just mentioned, no one was surprised that the congressman stepped down. in fact it was a question of when it would happen. however, fellow politicians and friends here in chicago were quick to jump to the congressman's defense and say his resignation is not an admission of guilt. >> he hasn't been indicted. he hasn't been charged. he hasn't been convicted of any law -- breach of the law, none at all. all right. some would argue that if he really wanted to cut a deal, you stay in congress and negotiate from a position of power. some would argue that. >> the most prominent allegations reported against jackson are that he skimmed campaign cash to

john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my mistakes. they are my mistakes and mine alone. they talk about skimming campaign found remodel his house and buy expensive jewelry for a mist res. he was investigated by the investigating committee after being caught up in the blagojevich scandal. he met with businessmen who raise money for blagojevich if jackson were appointed to the senate seat vacated by president obama in 2008. >> they feel like they can do this [bleep] to do anything under the vague assurances, or something, then i'll [bleep] jesse junior. >> this is a long fall for a congressman initially thought to be a rising star on capitol hill. with terrific name recognition and invitation to address the national convention four year

jackson jr. has resigned. in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward. >>> secretary clinton and president obama and mahmoud morsi brokeringed a cease-fire. no sirens, have you heard any? >> reporter: no, that's right, alex, all quiet, no sirens here. there were a couple earlier in the day in the south. they turned out to be false alarms. the cease-fire went into effect 9:00 last night local time, which is about 18 hours ago. so it's a hopeful sign. of course, it's early days yet. when the cease-fire was announced yesterday, the palestinians in gaza were ecstatic. there was celebration, thousands of people in the streets firing guns into the air for c

's been suffering from bipolar disorder and dedepression. he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't heard from jesse jackson jr. or senior on this. >> i just find it's so painful at this point for me not only to know that he won't be in the congress but to know that he's still struggling with a serious, very serious mental health issue. >> ted, is this an indicator this is the end of jackson's political career? >> reporter: well, i would think so when you look at the totality of all that's happened to him in the last six, eight months. when you have the mental health sur issues, let's say he gets that under control, he still has this invest

to be up for negotiation. house speaker john boehner wrote an op-ed. the president's health care law, massive expensive unworkable at a time when the national debt sees the size of our economy, and we can't afford it and we can't afford to leave it intact and clear that the law has stay on the table as both parties discuss ways to solve our nagsal debt challenge. where is it going. >> nowhere, he's right about everything he writes about, but it's a disaster, no way it's going to be stopped. it was an issue that the country decided this election, obama staked a claim and he won. the supreme court was the only other way it was going to be stopped. it wasn't stopped, it's not going to be stopped now. and the idea that to oversight committees in the house could stop this is absurd. look, i think it's right. it's going to be disastrous and should be cut back or dismantled, but elections have consequences and this is one. so, i think it's not on the table and republicans can pretend it is, but it's not. there's a lot of other stuff on the table and that's rates and i think if you want to p

or a republican, this should be priority number one, it's when john boehner had the new freshman tea partiers come in in 2010 and facing the debt ceiling, he characterized the first adult moment for the new freshmen congressmen and i think this is the second adult moment. can we get beyond party politics and rigid ideology and come with a compromise that will benefit the american people? we need both to look seriously at spending cuts and revenue generation for the country right now. >> all right, so let's-- >> and let's put a couple of ideas on the table and angela, i'm surprised you would say obamacare should not be on the block, and what do you think should be on the block? what kind of-- if we're talking about spending here, where would you want to make cuts, angela? >> well, first of all, we should cut the wasteful spending that we have with the department of education, with the department of energy, i can go down the list, but rick, the reason why i don't want obamacare on the table. it will politicize this process, in 2010 congress had referendum on obamacare and that's why the republicans

speaker john boehner and republicans want bigger cuts in government spending. thanksgiving gave lawmakers a quick break from the fiscal cliff conundrum. now it's time to hunker down and get back to business. >> reporter: after meeting with president obama before the thanksgiving holiday -- >> i want to welcome the congressional leadership here. >> reporter: -- congressional leaders expressed optimism to reaching a deal. >> we had a very constructive meeting with the president. to talk about america's fiscal problem. >> we have a corner stones of being able to work something out. >> reporter: staffers have been working behind the scenes to fine common ground. among the big sticking points how to bring in more tax revenue and reduce spending on programs like medicare. but it's not yet clear when lawmakers and the president will meet next. even if some progress is made this week a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. they tend to do better when they have a deadline so i would be pleasantly surprised to see it, a deal em

and personality of president, john boehner and senator reed and senator mcconnell. what's on the table here is of course this week you see more republicans saying we're not going to hold to this grover norquist idea, norquist being the man everybody who is a republican has to sign a no tax increase -- >> chris: they've already sign it had. >> this week you had saxby chambliss from georgia joining people like john mccain, tom coburn and others and 12 members of the house who say republicans have to be willing to -- we did not win the election. the president's back in office, you have to make a deal. the president needs to deal too. this sometimes doesn't get attention but you heard nancy pelosi, harry reid, they expect a deal along with charlie wrangle before the deadline because the unions are advertising say don't you dare cut our programs badly. you see it advertising from the republican side. both sides are under pressure for a deal now and they're going to make it. >> chris: that's an optimistic view. bill, let me ask you, you can respond to sister chaney about this. one idea that was f

had shown up at the office of house speaker john boehner today to begin negotiating, jay carney said he could not account for secretary geithner's precise whereabouts. shep. >> shepard: james rosen live at the white house. thanks. worries about the so-called fiscal cliff are not doing much good for our 401(k)s. stocks were down today. the dow lost almost 90. nasdaq fell 9. s & p 500 down 7. analysts say investors are concerned about whether these lawmakers will get together and reach a deal. those worries overshadowed a couple of positive developments. gerri willis is here. we got a report showing that americans are, i don't know, feeling better and so much of this is about how we feel about the economy. >> oh, yeah. that's right. investors may not like it, but consumers love it. their confidence, the highest level in many, many months. still below 90, which is really the point at which you see a really strong and robust economy. but the fact that consumer confidence has been doing so much better, it's very important. now, here is possibly a source of their optimism. 20% of consumers

] >> what about speaker john boehner's concept of a bridge deal, which could be a revenue package and tax reform and the new year that does bring in new revenue? >> i think it is a wonderful idea to have tax reform in the new year. i think john boehner keeps trying to soft and what the american people said on november 6. that is why i am so adamant against rejecting it. we need to use this moment to answer the call of the american people, which they said loud and clear on november 6. >> what do they plan to do to help the president? how much money do you plan to spend? >> we have joined with other organizations, labor and community, which started on november 8 with 44 actions a run the country. we were doing visits on the hill together. we just went up on the air with paid media to do education a run the the id -- with key states and we are bringing local leaders together to lobby congress the week after thanksgiving. then we will do another day of action on december 10. we have additional actions planned in the week of the 10th and the 17th. we will make a decision about what to do and w

in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level meeting as you just heard on the fiscal cliff is expected this week at the white house with the president getting involved. nobody knows exactly when that will take place and who all of the players will be. we'll talk to senator sessions. bill: listen carefully on the language as we work through this. nearly all americans will see their taxes go higher if congress does not reach a deal by the 1st of january. 158 million americans would be affected. every household in the country would pay 3500 more in taxes in 2013. 88% of households would see their taxes rise. martha: even the white house is warning that the uncertainty of a potential tax hike could hurt american retail

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